Small-business owners might be done with daily deals

12/2/2012 | Bloomberg Businessweek

Only a small percentage of business owners have been able to generate repeat business by partnering with daily-deal sites such as Groupon and LivingSocial, according to a recent survey by Manta. "The average net loss per order was significant, and the average customer we gain through our own marketing initiatives repeats business with us at a significantly higher rate," said Josh Neblett, co-founder of GreenCupboards, describing his company's experience with daily deals.

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